107 Main St Jonesborough, TN 37659-1317
- Retail space
- 6,006 SF
- 38.00 lot acres
Current Use by Public Records
- East Tennessee Hemp Company / Alternative Medicine Practitioner
- Tea Pad / Restaurant / Barbecue Restaurant
Property Details for 107 Main St
- Year built
- 1900
- Lot size
- 38.00 lot acres
- Property size
- 6,006 SF
- Zone code
- HB-2
- Property type
- Retail space
- APN
- 060A E 02100
- APU
- 060AE02100
Description
Lampson Hall, a stunning three-story building (6,006 square feet) located at 107 E Main St, Jonesborough, TN 37659, presents a premium business opportunity in the heart of Tennessee's oldest town. Built in 1871 and extensively renovated in 2013, this property seamlessly blends historic charm with modern amenities. The main level (3,003 sq ft) features a commercial kitchen, gas log fireplace, built-in bar, two half baths, and a separate space currently operating as a coffee shop. The second floor (also 3,003 sq ft) offers versatile space, currently divided into three income-producing areas, but easily adaptable to a single large space. This level includes multiple offices/conference rooms, a full bath, a half bath, two fireplaces, and a commercial warming kitchen (approved by the town). The building boasts exposed brick walls, original hardwood floors, and a functioning original dumbwaiter. Three exterior entrances provide convenient access to both levels. The property includes three designated parking spaces in a rear lot. Recent updates include a new metal roof (2020) and replacement back steps (2023). This exceptional property, zoned B2, is listed at $1,995,000 ($332.17/sq ft) and is ideal for a variety of uses, including a pub/tavern, restaurant, event venue, retail space, or office space. Located in a thriving area recently highlighted in Southern Living Magazine and ranked among the best places to live by USA Today, this is a truly unique investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $595,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $605,000
- 6.5%
- $580,000
- 7%
- $510,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $585,000
- Geo Method
- $585,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $540,000
- Retail
- $580,000
- Mixed-Use
- $585,000
- Hospitality
- $480,000
- Educational
- $555,000
- Residential Income
- $585,000
- Energy
- $585,000
- Income-Based Land
- $585,000
- Food Service
- $440,000
Location Insight
- Map
- Local Demand
- City
- Jonesborough
- County
- Washington
- State
- Tennessee
- Longitude
- -82.4733
- Latitude
- 36.2945
- CBSA code
- 27740
- CBSA name
- JOHNSON CITY, TN METROPOLITAN STATISTICAL AREA
